Recent content by skeptic_IHB

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    The guy behind that cranky Irvine real estate blog is...

    Here is some real fan mail -- an email I sent to the Register reporter: Ms. Chavez, Thank you for the excellent article. The IHB has been required reading for me since its inception. Mr. Roberts and the IHB provided an analytical foundation for my gut feeling that home prices in...
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    Headlines...

    <a href="http://www.rgemonitor.com/blog/roubini/">http://www.rgemonitor.com/blog/roubini/</a> <strong><u>Comrades Bush, Paulson and Bernanke Welcome You to the USSRA (United Socialist State Republic of America)</u></strong> The now inevitable nationalization of Fannie and Freddie is...
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    Comrades Bush, Paulson and Bernanke Welcome You to the USSRA (United Socialist State Republic of America)

    All hail Nouriel Roubini!! This is just great stuff: <a href="http://www.rgemonitor.com/blog/roubini/">http://www.rgemonitor.com/blog/roubini/</a> The now inevitable nationalization of Fannie and Freddie is the most radical regime change in global economic and financial affairs in...
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    3000 The Plaza

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    Headlines...

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    California Attorney General sues Countrywide Financial

    Y'all are going to LOVE this. <a href="http://www.latimes.com/business/la-fi-country26-2008jun26,0,4864584.story">http://www.latimes.com/business/la-fi-country26-2008jun26,0,4864584.story</a> California attorney general sues Countrywide Financial Jerry Brown says the nation's largest...
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    Headlines...

    Even Jose Canseco knows when to walk away. Maybe he's been reading IHB? <a href="http://news.yahoo.com/s/nm/20080501/sp_nm/canseco_foreclosure_dc">Baseball star Canseco loses home to foreclosure</a>
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    Are Bond Rating Agencies the Most At Fault for the Great Housing Bubble/Crash?

    Many thanks for the analyses. I am certainly a finance novice -- my expertise (if you can call it that) lies elsewhere. It may well be a fruitless endeavor to attempt to identify the party <em>most</em> at fault for the Crash because multiple parties all along the mortgage to CDO-squared...
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    Are Bond Rating Agencies the Most At Fault for the Great Housing Bubble/Crash?

    This is the best written, most accessible article on the Bond Rating Agencies I have seen. Although quite long, this is a must read for all the finance/economist wonks on the forums. The article makes a pretty good case that the Bond Rating Agencies are the most to blame for the Great Housing...
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    Headlines...

    The OC real estate bulls are going to HATE this article in BusinessWeek. Enjoy: "The Other Orange County -- What you won't see on fantasy TV shows: a cratered real estate industry, few jobs, foreclosed homes, and empty office space "...
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    You Walk Away LLC

    thanks 24, much appreciated.
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    You Walk Away LLC

    I just came across this website. http://www.youwalkaway.com/index.html It appears this is a new company (based in San Diego) that sells "walk away" kits to distressed homeowners. I think the kits provide information on recourse vs. non-recourse loans, the foreclosure process, ways to...
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